HomeMy WebLinkAbout0448 i
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wn,it oMner ~grees Lo De bound by the ter~na and conditions of 3
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said Lease, and he agree~ to malce ps~naent to the Aasociat~icn ~
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oP hie ~hare of the moners due, pursuant to and in the amount ~
of percentags amount, if so 8tated, as specified in aaid Lease ~
and thia Declaration. It shall be mandatory for the unit owner ~
Lo make said pay~aents, regardless of xhether or not they uae the
recreational f~cilities. ~
AftTICLS IY ~
DSYELOPMSNT PLAN
The condo~ninium ia described and es~ubliahed as follo~ra:
A. S~~. The Plot Pla?n ai?d Sur~ey attached hereto as ~
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A~chibit s~o~rs aparLment builditig I~o. 1 containing a totarl of ~
t~rent~ (2~) dxelling unita Khich 8ha11 be knawn and referred to ~ ~
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aa IHI.E? 80US8 Cdl~DC[~IIAIU'~+l 4PAR~lKSIITS, 8uilding Ho. l. The tirst ;
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apartmeqt buii~ing nox under constructioa, each -of Mhicb -is--to -
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contain txenty (20) d~elling units, and xhich the Developer con-
templates constrncting an additional trro apartment buildings so ;
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that there ia a total of three apartmeat buildings, all to be ~
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knoxn as INLET HdUSE COND~III(IUliI AP4It~NTS. De~reloper reservea ~
the right to construct the txo ro osed a artment buildi s on ~
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ad~acent parcels-of ~.and and reservsa the right to aub~it to
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condominiw~ oMnership-such proposed development and to amend ~
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~ this Declaration of Condo~ini~a, if necesaary, to eYfect of
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~ record and completion of the progosed as xel2 as the deecription
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~ of the dMelling units. Such ~end~ent to this Declarition to ~
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; effect of record tl~e compleEioa of Lhe proposed bnildiags as ~
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~ xell aa the description of the dxelling un~ts need be stgned ~
; and acknowledged only by the Developer and nead not be
approved by the ~esociation, drrelling unit crMners, lienors, £
or aortgageea of dNelling units or of the cond~~ini~, ~
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•rhether or not elaerrhere required for an an~endsent. ~
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B. Pla~s. The inprovements upon the land are constructed
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i substantially in accordance x~th the plans ~d specificationa
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